Fire and its consequent losses pose a constant threat to businesses, and their unpredictable nature makes prevention challenging. While predicting fires may be impossible, taking proactive steps to prevent them is crucial. Businesses of all sizes are vulnerable to dramatic and unexpected circumstances that can severely disrupt or even ruin operations.
In light of these potential challenges, obtaining property insurance for your business is not just prudent – it's compelling. Fire insurance provides a safety net that covers a wide range of risks, including the possibility of a complete shutdown. By safeguarding your business against the financial repercussions of fire-related incidents, you can ensure continuity and peace of mind in the face of the unexpected.
Mega Risk Insurance/Large Risk Insurance policies are issued to cover risks where the sum insured is more than Rs.2,500 crores at any one location (Property Damage and Business Interruption combined)
The policy is taken to cover fixed assets like Building, Plant & Machineries, Furniture Fixtures, Electrical Equipment and Stocks of all kinds.
Mega risk is a highly customized policy, please refer policy wordings for detailed information
This is just an indicative list, kindly refer policy wordings for detailed information.
